SEOUL, Dec 6 Following is a list of events in
South Korea as well as news stories and press reports that may
influence financial markets.
>EU imposes 1.47 bln euro fine on Philips, 5 others
>Nokia's Lumia deal with China Mobile raises hopes
>Samsung promotes Lee's son to vice chairman
>KOSPI near 7-week high; SamsungElec at life high
>S.Korea won rises on renewed risk appetite
* A volatile trading session ended with U.S. stocks mostly
higher on Wednesday, even as Apple, the most valuable company in
the United States, suffered its worst day of losses in almost
* U.S. stocks rose on Wednesday after President Barack Obama
said a deal to avert the looming fiscal cliff was possible
within a week, while the euro slipped after a disappointing
Spanish bond auction.
* Oil prices fell by around 1 percent on Wednesday after
data showed a huge increase in gasoline stockpiles in the United
States last week, while disappointing euro zone and U.S.
economic figures hurt sentiment about energy demand.
* South Korean shares reached their highest closing level in
nearly seven weeks on Wednesday, as market heavyweight Samsung
Electronics touched a life-time high.
IN THE KOREAN PRESS
Following is a summary of local press reports translated by
Reuters. Reuters has not verified the content of these reports
and does not vouch for their accuracy.
> Samsung Electronics Co Ltd announced that its
Galaxy S3 smartphone will enter the Russian market.
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(Compiled by Daum Kim; Editing by Richard Pullin)